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 18 Warren Buffett quotes that tell you all you need to know about personal finance

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RR Phantom

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18 Warren Buffett quotes that tell you all you need to know about personal finance Vide
PostSubject: 18 Warren Buffett quotes that tell you all you need to know about personal finance   18 Warren Buffett quotes that tell you all you need to know about personal finance Icon_minitimeSun May 01, 2016 9:59 pm
Berkshire Hathaway CEO Warren Buffett is widely regarded as the most successful investor in the world.

This weekend Yahoo7 Finance did an exclusive livestream of the company’s annual shareholder meeting which you can watch above, so we also decided to look at some of the best advice Buffett has ever shared about spending, saving and investing.

1. Read everything you can — the earlier, the better.

“By the age of 10, I’d read every book in the Omaha public library about investing, some twice. You need to fill your mind with various competing thoughts and decide which make sense. Then you have to jump in the water – take a small amount of money and do it yourself. Investing on paper is like reading a romance novel vs. doing something else. You’ll soon find out whether you like it. The earlier you start, the better.”

His favorite book: The 1949 tome “The Intelligent Investor” by Benjamin Graham.

2. Credit cards aren’t your friend.

If you’re willing to pay 18% on a credit card, you will not come out well.

https://au.finance.yahoo.com/news/18-warren-buffett-quotes-that-tell-you-all-you-need-to-know-about-personal-finance-020606160.html
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